Oil prices fell on Tuesday, easing energy-cost concerns and helping lift Wall Street stocks despite weakness in the technology sector.
The pullback in crude came as investors digested a mixed bag of corporate results and weighed ongoing geopolitical risks against cautious broader sentiment.
Brent crude retreated from recent levels, with the price decline acting as a positive catalyst for equity markets.
The lower energy costs helped offset losses in chip shares, including Micron, AMD, and SanDisk, which faced selling pressure amid broader tech hardware weakness.
Asian equity markets also opened in mixed territory, reflecting the uneven global sentiment.
The market reaction highlights the continued sensitivity of equities to energy price movements.